Memphis biotechnology firm GTx Inc. slices workforce by 60 percent - Memphis Commercial Appeal

02-10-2013 Memphis Commercial AppealComments (0)

Biotechnology

Memphis biotechnology GTx Inc. on Tuesday notified 53 employees — 60 percent of the firm's workforce — that they will be laid off as the company moves to conserve cash following failed drug trials announced in August. “Until we have more clarity ...

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